Personal Finance Question and Answers

If I be to borrow $150,000 at 4% interest for 6 months. how much would I enjoy to repay contained by 6 months?

Question:please explain how answer was found

Answers:
Interest is mostly given annually, so divide by 2 to get semi-annual.

So, it's 150000 * (1.02) = 153000

If it's in actual fact the absolute interest, after it would be the 156000 that you would expect.

Other Answers:
(4%*150,000) + 150,000 = 156,000
You need to provide a ton more detail for anyone to answer this quiz properly or loan you $150K for that matter.

Do you realize that you will necessitate to PROVE to the lender that you will be able to salary it back? And that you will enjoy to show HOW you will pay it rear legs?

If this question is newly a math quiz ....
If you are compunding interest monthly, the amount will be 153,025.11

You need to compute the monthly rate which is .04/12 = .003333
Then you add on 1 to it and raise it to the power of the number of terms(6) so (1.00333) ^ 6 = 1.02016

Multiply this number times the principal
1.02016 * 150000 = 153025.11


what would u do for money?

Question:be honest

Answers:
I'm thinking about Fear Factor. I keep under surveillance that show all the time and vote "oh, I could so do that" so instead of talking crap, I would similar to to see how far I'd get. Ya know, see if the money motivates me plenty to eat hissing cocroaches or bull testicles. That is what I would do for money.

Other Answers:
sit on may a$$ and answer these question all light of day.

It depends how much, but, practically anything, as long as I didn't die or win severly hurt... why do you have like mad of money? Let's just put it similar to this... if you have a million bucks to make a contribution me, I'll let you pocket off your pant... and the rest it up to you... I'm not gonna lie... when you grow up next to 4 siblings... you like money to use it day by day as money buy money




Are those books claiming 'free money from senate agencies' BS or do they hold some truth?

Question:You've all see that crazy guy with ask marks on him selling his book on TV. Has anyone tried it and gotten money?

Answers:
They hold awfully little truth. Many government agencies do enjoy grants available ("free money"), but it's not exactly close to you can just stick your paw out and get it.

The grant usually require you to create a proposal which you submit before a deadline along near other people and see if you carry it.

You can easily catch this information from the government itself. Many hucksters collect this info which is available for free, pack it into a book, then try to trade it to you.

Links below can show you what kind of free money is available. If you perceive discouraged looking at these links, maybe you're prepared to try buying a book.

Other Answers:
yeah, i saw the question indicate guy on a talk show once and the society interviewing him were getting really batty because he wouldn't even give an example. he only kept shouting 'BUY MY BOOK!' so yeah, i don't trust him and his crappy suit.

they hold some truth, but it's deeply hard to know who and what the give in is for
try--www.firstgov.org


These are authentic programs offered by government agencies, the problem though is qualify.

There are so many restrictions that it is in close proximity impossible to find one that you qualify for.

You can pick up these books on ebay for cheaper than normal. Then you can read it over and next resell it back on ebay for almost what you compensated for it.




How does increase surrounded by interest rate slim down the inflation?

Question:

Answers:
People are willing to wage whatever is demanded for stock and services, because they are all flush next to cash - Say $10 for a $1 taco. This is Inflation.

Now...to bring down this pile of currency - which is all borrowed at lower interest rate - Feds...increase the borrowing rate.

Essentially this make borrowing a little bit harder and expensive and thereby curbs people's enthusiasm from bidding up prices for products and services.

This in turn reduce inflation.

Another example, atleast in U.S. within the last few years....Lower Interest rate lead to all hyped up concrete estate market. The recent spurt of rate increases, is letting the hot nouns out of the real estate open market

All in layman jargon...
Hope this helps

Other Answers:
an increase within interest rates will cause comsumers to spend smaller quantity money due to lack stale borrowing. In effect, the less buying that go on, the fewer transactions that turn out. Fewer transactions equals drop in inflation rate.

because bank abiding will increase and the number of load will diminish.
people tend to rescue more money when the return is higher, and spending smaller number on expensive stuff because loan higher too.


Inflation is a monetary problem "with too much money chasing too few stuff." The Federal Reserve can reduce the money supply by increasing the money bank hold in reserve. (This is seldom done and would explanation a sever reaction within the financial markets). It can also reduce the money supply by selling bonds and putting the money received out of circulation contained by a Federal Reserve bank. Finally they can increase interest rates to stifle constraint for goods. All of the above fix the supply of money available in the open market place.




My sister wrote me a check but she of late put fifty she didn't write no/100 can I still deposit it?

Question:

Answers:
Sure! If you look closely at the check, there's usually the word "dollars" at the end of the flash where she wrote out the word "fifty" for the amount of the check.

Other Answers:
yes
I can't see why not. Did she put one and the same amount in the box? It have happened to me earlier and I didn't have any problem. You could write it surrounded by yourself, make sure you use one and the same color ink!
YES YOU CAN, THE WORD DOLLAR IS AT THE END. IF SHE WANTED TO GIVE YOU 50 CENT SHE WOULD HAVE JUST WROTE IT 50/100. PLUS I AM SURE SHE WROTE THE DOLLAR AMOUNT OUT IN NUMBERS ON THE TOP LEFT.
yes
well yes u can and hopefully u dont try to saturate in any information making the amount more resembling 50.50 but u should be able to lolly it as long as she put the dollar amount in the lil box , somelaes dont even look at the part of the pack where u write within the fifty adn no cent thingy , they just look at the lil box


Iam aparent of two looking for financial relieve from anywhere.How do I walk something like it?

Question:

Answers:
How much do you need?

Other Answers:
Call your local social service agencies. I am a social worker and at hand is alot of assistance out there if you own needs that you can't get together on your own. The Department of Children and Families provides assistance with insurance, lolly and food stamps. Also if you dial 211 you can reach United Way (at lowest in Florida you can) and they can abet you find your local numbers


How much is a per annum earnings at a full time opening estimate to if you're making $15 including robustness benefits?

Question:

Answers:
You'll always be really close if you purloin your hourly wage and multiply by 2000 (40 hours per week X 50 weeks). It won't be exact, but it'll get you close and it's straightforward.

So you're making about $30,000 per year.

Other Answers:
is the math really THAT difficult?

There's 2080 hrs in a work year (40 hrs/wk x 52 wks), so, $31,200.




No more composition and metal money?

Question:Should we forget money as we know it today, and go to in recent times the use of plastic and computers for all transactions.

Answers:
Without examine, this will be the future of currency exchange. However, solid money will be around for a while. At some point, when this technology takes over, the meaning of real money will reduce until it's worth nothing. That's my guess.

As for right in a minute, we should still have authentic money. Our technology and culture are not ready for it on the other hand. Soon, they will be.

Other Answers:
no

Well, we are head that direction, unfortunately. There will even come a time contained by our lifetime where plastic will no longer be permitted. i personally similar to cash, and dont resembling the whole credit card entity. I dont use a card myself, seems to chancy. Lots of times my parents have have amounts taken out twice mostly by error. But it is a big hassle. Also, its too easy to capture someones card # and even though your suppose to be identified with an ID or drivers license....copious places dont check. They just swipe your card


Ain't gonna happen. All that money have to be backed by something physical that in actuality holds the value. I've hear that greatly of the value of the money we transact is inside some federal sandbank or something, and it's huge rooms full of gold bar, and there's these dudes carting it from room to room everyday fund and forth. Plus how would beggars beg? How would you buy a pack of gum? How would you buy a soda at the appliance? How would you lend money to a friend? At the end of the hours of daylight you are going to need some type of physical dune note, and that's what dosh really is.

We are already doing that.

Last year less than $700,000,000.00 USD be printed.

Next year a new $1.00 USD will be minted and that would moderate the number of bills printed even more.

That program will last until 2015 and it is plausible by that time $1.00 bill would be no longer printed.

Also a new penny is coming surrounded by 2010 made with cheaper materials. Some say aloud Congress is considering to stop making pennies that year.

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Hi-what site can I move about into to find out if a supposed money making prospect is a scam?

Question:

Answers:
Ripoffreport.com is one such site http://www.ripoffreport.com/

Check out the report on the company at the Better Business Bureau http://www.bbb.org

Also, search for the company christen in the flush engines and see if you come up with something (e.g. forum discussions especially complaints)

Other Answers:
Don't bother, they are adjectives scams!
Not sure, but I can relate you for sure of a company that is not. In certainty, it has be featured within Forbes, MSNBC, Success from Home, and the Discovery Channel. I have be extremely successful in a home base business that I started about a year ago surrounded by the health and wellness industry, what economists are calling the subsequent trillion dollar industry due to baby boomers. In enclosure to product sales and recruit, we receive bonuses from movies and cafes (www.TNCafe.com) around the world. I work my business give or take a few 10 hrs/wk and it has already matched the income I made beside 3 degrees. If you close to working hard and are likely to put in more than those 10 hrs, your income is on tap. There is a pre-recorded toll free number that gives a 3 minute preview of the company at 877-325-1970. If you approaching what you hear, you can leave me a number where on earth we can talk or an address to transport you more information. Our company website is www.TNI.com/1934177.
the FBI also has a record of well-known scam.
go to www.bbb.org the better business Bureau and write the mark of the place and some more details and it will tell something like whether it's a member, revues, complaints and suggestion.
Source(s):
www.bbb.org


Does any one know where on earth or how can I be in motion almost getting a hill side?

Question:My credit is very impossible I try to get a mound account underneath my name but no luck,because I owe one mound some money and they have me contained by check system, I really can't afford to pay because I don't hold that kind of money.

Answers:
Bad checks don't work the opening that credit report does. A bad check can turn into a warrant for your arrest and will never dance away in some places. Your best bet is to liberate up money and pay the guard what you owe first. Why would a bank provide you an account beside them if you still owe another bank money?

Other Answers:
keep on 7 years from the last unpromising check reported
umm how much do you owe tht bank?

free up little by little and pay stale the debts and then basically use yoru account from that wall.

yeah your credit is alot in wether they adopt or not. :(
get a different hill
stuff the money in the mattress
You own to pay it or you will never carry a bank sketch. Every bank uses check systems so work some extra hours and repay this off .....its your adjectives if you dont clean it up right luck trying to buy a house and get a sports car.
the bank
your later worry is finding a guard. Save all the money you produce at your home and pay past its sell-by date the bank you owe surrounded by time. then try to grasp a bank side. I'm sure some unknown bank found surrounded by bad areas will adopt your credit
Hide you money in your pant. Also u could rob the bank that u owe and pay cheque them whatever the tax is LOL
If the bank reported you to CheckSystems I hold a little bit of fruitless news. Most every hill runs potential customers through check systems and uses that as a basis to wether or not they will impart you an account and if they will what giving of restrictions they will place on your account. They may sympathetic an account for you specifically savings solitary for a year and then allow you a checking portrayal. Or other similiar things. But you can't really get around that darn CheckSystems. Try a credit league if you have one within your area. I edge at one and love it. Also you can write CheckSystems to see what exactly has be reported to you and they will let you know what it is and how long it will stay within their system.
Source(s):
Personal Experience


can you unfold a checking explanation for free?

Question:

Answers:
yes most banks do this and masses give you something for free a short time ago for opening an picture like free checks or ive gotten a free sweatshirt from my college also hold gotten a free radio before....in recent times go to the hill you want to bank beside and ask also most banks own a sign out front that says "Free Checking" !!


explanation it is usually free is because they want you to open one and put money within it because they can use your money and they dont have to compensate you any interest for that money

Other Answers:
Uh Duh

usually one and only if your a kid yes in uk you can check any of the lading bank websites for information. If your in the US I dont know but sure you can


You bank does that but you involve to have other of money in the checking vindication at all times. Some bank require a minimum of $1000 at all times and if you ever jump under that, afterwards they start charging you fees.

Check it out with your edge... good luck!


no Yes, ma'am. Some places require a 100 dollar deposit to open up the information.


If you are on chex systems, I reccomend Keybank. They own whats called a "Checkless" picture designed specifically for people on chex systems

profoundly of bans bestow this. Some require a minimum balance though or require you to own direct deposit of your cheque. Good Luck.

Yes you can, I did it... Some bank will come up w/ creative ways to get current customers. It all depends on the hill, some will charge a fee, some will not.. My dune actually put surrounded by $25 on my account basically for opening it and does not charge me any type of monthly excise, as long as the balance remains over $100- NO FEE! Shop around and linger for the good deal. yes


I would check out a credit coalition. When I joined mine, I get a free checking acount with no minium harmonize and a free box of check. However, some credit unions enjoy membership requirements, so christen ahead.

There is usually a minimum deposit depending on the type of checking account you unscrew (anywhere between $50 and $10,000). Some banks proffer your first box of checks free and a free ATM/Debit card, others make you settle. Some types of checking accounts have monthly fees if crash down below minimum balance, some enjoy a monthly fee irregardless of the harmonize and some have none. Shop around and find what is best for you.


Can an American amenable a guard explanation surrounded by Canada?

Question:Without being a resident, or have a Canadian tax i.d.? How more or less by mail? Although I travel to Canada once within awhile and would be able to break open one in human being. I know the Canadian Dollar is pretty high right presently, I just want to diversify for a time out of American money and have an ATM from a Canadian Bank to use when I'm on Vacation and to know how to cash out swiftly most of my money if Canadian Dollar gets "crazy high". Probably near about $US 5,000 to start A simple money account or a checking picture that paid a touch interest would be good.

Answers:
You'd own to have a lawful reason to declare an account surrounded by Canada. If you own a business or property there, you probably could.

Individuals are not permitted to speculate within foreign currencies, so voicing that concern will get you an instant and unconditional NO.

Other Answers:
I can't see why not... Canadians can open accounts contained by the states (even have correspondence boxes). Canadians are also able to hold american fund bank accounts surrounded by Canada. I have found that the Credit Union have lower service fees (I don't pay any as long as I enjoy 1500 in the account)

check it out.... Have fun travelling.

Yes.

Top 3 Answerer in Business & Finance. (Vote for me)




how do i convey money from my statement at one hill to my details at another guard if near are no local branches?

Question:the bank article i want to put money in is 300 miles away next to no local branches

Answers:
Write a check from the local account and post it to the other bank next to instructions to deposit into your account near.

Other Answers:
Drive.

A chain transfer. Call the guard that is a long mode away and maybe they can telephone your bank and verbs it? Thats what I would do.


manufacture a deposite using a visa or mastercard

In a hurry? Wire transfer.

Got plenty of time. Mail a check next to a deposit slip.


what is black dollar?

Question:

Answers:
WHEN YOU SPEND MONEY ON FRIED CHICKEN AND MALT LIQUOR

Other Answers:
Dirty money, money recieved through dealing in drugs, prostitution and the close to which, in turn wishes "laundering".
I don't know but that's a good interview...
The black dollar? It is the spending power of African Americans that is underestimate by the masses.

All of these companies that are getting corpulent off of the black dollar later want to denounce their association with the culture itself.
***Prime example the champagine company executive who lately inserted his foot into his mouth.
Source(s):
http://www.msnbc.msn.com/id/13350034/
The Black Dollar Scam

And now we come to the source some 419 scam victims are asked to travel to countries in Africa - or London, Paris, Rome, Amsterdam, New York, and especially Spain - to relief retrieve the funds. This is usually the last step contained by the scam and involves the infamous Black Dollar Exchange Scam. It also means assignation the swindlers face to facade - a very terrifying proposition.

In this part of the operate, the victim is shown some of the alleged money. It is consequently explained that the currency was dilapidated in storage, or that it stolen money stained by the U.S. Treasury to identify it as currency for recycle, or some such folderol.

The only bearing to "clean" the currency to make it usable is by applying a special chemical to it. The swindlers own unfortunately run out of the chemical and it is incredibly expensive, however they will provide a demonstration of how well the chemical works, so that the casualty is convinced the chemical will work.

The demonstration involves showing the victim legitimate U.S. currency that is black and completely useless, i.e. Black Dollars. The currency is consequently washed by the swindlers. During the wash process, genuine verbs currency is switched for the Black Dollars. Having impressed the victim next to the efficiency of the chemical, the swindlers supply him a supply and give him boxes of Black Dollars to clean. Unfortunately, when the victim open the delivered carton they are full of newsprint and the swindlers are long gone.

There are several variation to this matter, but they always come down to indistinguishable thing - the target has to shell out more money. A fortunate object will only termination up a bit poorer for this last experience. The unlucky ones are overcome, mugged, robbed, shot and left for unconscious, or made to disappear. A bankrupt sufferer is only worth his survey, jewelry, credit cards, and identity papers, the latter being the basis victims are asked to travel to a foreign country
Source(s):
www.fraudaid.com


Companies who dispense Persoanl . Loans to discharge bills rotten when you own a low chalk up and fruitless credit.?

Question:

Answers:
Stay away from these people.
The interest rates will be much high than decent companies.

They'll with the sole purpose take a risk near a client who has a desperate record because they know they'll engineer a huge profit.
Trust me, my wife works for one.


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